Bank technology

Simple Finance Technology Corp., the Brooklyn company behind BankSimple, will work with The Bancorp Inc., of Wilmington, Del., and CBW Bank of Weir, Kansas, to sponsor the issuing of debit cards and to hold funds.

Simple Finance Technology Corp., the Brooklyn company behind BankSimple, will work with The Bancorp Inc., of Wilmington, Del., and CBW Bank of Weir, Kansas, to sponsor the issuing of debit cards and to hold funds.

When your home gets too small, build an addition. That's the thinking behind Fidelity National Information Services statement that it's considering buying Misys.

PrepaYd Inc., a marketer of prepaid debit cards that operates under the name Bank Freedom, will soon begin offering its customers prepaid wireless phones and service to help create more customer retention around its card products.

When your home gets too small, build an addition. That's the thinking behind Fidelity National Information Services statement that it's considering buying Misys.

Two banks operating in the U.K. face fines and censure for allegedly failing to guard against possible customer money laundering, the U.K. Financial Services Authority said Wednesday, after a review of 27 banks turned up "serious weaknesses" in banks' risk controls.

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Mobile payment systems that mimic the capabilities of near-field communication chips are often categorized as a "bridge technology," but they may ultimately turn out to be a bridge to nowhere.

Isis, the wireless carrier-led mobile payments joint venture, plans to pilot its service next year in Austin, Texas, allowing consumers there to purchase items using their smartphones.

BBVA Compass is in the early stages of developing a mobile-banking application for the BlackBerry PlayBook tablet. The Birmingham, Ala., unit of Spanish banking giant Banco Bilbao Viscaya Argentaria previewed a version of the application on Tuesday at the Future of Mobile Banking Conference in London.

VSoft Corp. said Tuesday that Park Community Credit Union would use its technology for item capture in its branches.

Billtrust announced the launch of a mobile edition of its online billing and payment software.

Public fallout from the data breaches that have recently affected Citigroup Inc. and other large companies has reached the political push back stage.

Judge says metals shop off the hook for fraudulent transfers; developer of games featuring Sonic the Hedgehog hacked; ethical hacking to determine weaknesses; and more.

Joining the growing raft of processors offering advanced data-encryption services to help protect card data at the point of sale, Elavon Inc. has introduced a portfolio of products and services it calls Safe-T Suite.

Bank of Montreal is becoming the first major financial institution to place free real-time alerts to allow consumers to keep tabs on daily expenditures across a number of channels.

Naratte Inc. on Monday said it is developing software that can transfer information between devices using communication frequencies used by frogs, dolphins and other animals.

American Express Co.'s latest play at the less affluent, its nearly fee-free prepaid card, looks less complementary to its digital wallet, Serve, and more cannibalistic.

Fiserv's upgrades to key processing software could remove another roadblock in the way of the many banks that want to speed up their ACH payments.

The companies behind the planned U.K. telecom joint venture for mobile payments have worked together before with little resulting success.